Gold Dips for Sixth Consecutive Session

Gold dipped, silver was unchanged and miners were mixed

Gold fell modestly on Thursday, marking the sixth consecutive session decline for the precious metal. Gold continued its decline even after a series of weak economic reports caused the U.S. dollar to stall against other currencies.

Gold futures for June delivery slid 0.7% to $1,386.90 per ounce on Thursday, according to CME Group. Gold traded as high as $1,397 and as low as $1,368. Gold bullion closed in London at $1,389, according to BullionVault.